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Zurich Kotak General Insurance Company (India) Limited
Zurich Kotak General Insurance Company (India) Limited, a prominent player in the Indian insurance sector, is headquartered in India. Established in 2008, this joint venture between Zurich Insurance Group and Kotak Mahindra Bank has rapidly evolved to become a trusted name in general insurance. The company primarily operates in major regions across India, offering a diverse range of products including motor, health, travel, and home insurance. What sets Zurich Kotak apart is its commitment to customer-centric solutions and innovative insurance products tailored to meet the unique needs of Indian consumers. With a strong market position, the company has achieved significant milestones, including a robust claims settlement ratio and a growing customer base. As a key player in the industry, Zurich Kotak continues to enhance its offerings, ensuring comprehensive protection for individuals and businesses alike.
DitchCarbon Score
How does Zurich Kotak General Insurance Company (India) Limited's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Insurance Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Zurich Kotak General Insurance Company (India) Limited's score of 65 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Zurich Kotak General Insurance Company (India) Limited currently does not have specific carbon emissions data available, as indicated by the absence of emissions figures. However, the company is part of a corporate family that includes Zurich Insurance Group AG, from which it inherits climate commitments and performance metrics. Zurich Insurance Group AG has established significant climate initiatives, including Science-Based Targets Initiative (SBTi) commitments, which are cascaded down to Zurich Kotak General Insurance Company. These initiatives aim to reduce emissions across various scopes, although specific reduction targets for Zurich Kotak are not detailed. As a current subsidiary of Zurich Insurance Group AG, Zurich Kotak aligns with the broader sustainability goals set by its parent company, which includes commitments to transparency in carbon emissions reporting and participation in initiatives such as the Carbon Disclosure Project (CDP) and RE100. These efforts reflect a commitment to achieving net-zero emissions and enhancing climate resilience within the insurance sector. In summary, while Zurich Kotak General Insurance Company (India) Limited does not report specific emissions data or reduction targets, it is supported by the climate commitments and performance of its parent company, Zurich Insurance Group AG, which actively pursues sustainability and emissions reduction strategies.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 20,285,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 0,000,000 | - | - | - |
| Scope 3 | 132,515,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Zurich Kotak General Insurance Company (India) Limited is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
